1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
jok3333 [9.3K]
2 years ago
9

A parent returns home for the evening and uses different smart devices to help the children with homework, turn on the oven, run

the robot vacuum cleaner, and turn on the home security system for the night.
What allows the parent to perform all of these actions easily?
Business
2 answers:
Rudik [331]2 years ago
7 0

Answer:

An app on their phone if I had a guess. Or, they didn't use a smart device and they did those things.

svlad2 [7]2 years ago
6 0
Nnbfhgtdhbvjkugd mom
You might be interested in
Jaheem's business sells a single product. The following information was gathered from Jaheem's records: Price $24.00 per unit Va
pochemuha

Answer:

See below

Explanation:

With regards to the above, Jaheem's business profit increase is calculated as

= Fixed cost + Desired profit/Contribution margin

Given that;

Fixed cost = $400,000

Desire profit = $22,000

Contribution margin = $9.4

= $400,000 + $22,000/($24 - $14.6)

= $422,000/$9.4

= $44,894

Therefore, increase on profit

= $44,894 - $22,000

= $22,894

6 0
2 years ago
Allegheny Company ended Year 1 with balances in Accounts Receivable and Allowance for Doubtful Accounts of $68,000 and $3450, re
prohojiy [21]

Answer:

  • What amount will Allegheny report as bad debts Expense on its Year 2 income statement?

Dr Bad Debt Expense $ 8,250

Cr Allowance for Uncollectible Accounts $ 8,250

Explanation:

  • Balances in Accounts Receivable and Allowance for Doubtful Accounts of:

Dr Accounts receivable $ 68,000

Cr Allowance for Uncollectible Accounts $ 3,450

 

  • Allegheny write off $6300 of Uncollectible Accounts.  

Dr Allowance for Uncollectible Accounts $ 6,300

Cr Accounts receivable $ 6,300

 

  • Allegheny estimates that the ending Allowance for Doubtful Accounts balance should be $5,400  

Dr Bad Debt Expense $ 8,250

Cr Allowance for Uncollectible Accounts $ 8,250

Because the company already has a DEBIT balance ($2,850) in the Allowance for Doubtful Accounts  

it's necessary to register an entry that COMPENSATE ($8,250) the existing value and reflect the value estimated as bad debts ($5,400 = $8,250-$2,850).  

If the company applies the allowance method, it means that the account Allowance for Uncollectible Accounts must show as balance the % of estimated value.

Bad accounts are those credits granted by the company and there is no possibility of being charged.

"When customers buy products on credits but the company cannot collect the debt, then it's necessary to cancel the unpaid invoice as uncollectible."

One way is to directly cancel bad debts at the time it was decided that the credit is bad, the total amount reported as bad debt expenses negatively affect the income statement and the accounts receivable are reduced by the same amount, less assets .

The other way is to determine a percentage of the total amount of accounts receivable as bad debts, there are many ways to analyze accounts receivable and calculate the value of bad debts.

When the company has the percentage of uncollectible accounts, the required journal entry is Bad Expenses (debit) with Reserve for Bad Accounts (credit)

At the time of cancellation, since the expenses were recognized before, we only use the Allowance for Uncollectible Accounts (Debit)  with accounts receivable (credit), with this we are recognizing the bad credit of the company.

8 0
3 years ago
Sammy and Monica, both age 67, incur and pay medical expenses in excess of insurance reimbursements during the year as follows:
Mademuasel [1]

Answer:

The Sammy and Monica’s medical expense deduction for regular income tax purposes is $17,750.

Explanation:

For the purpose of regular income tax, the deduction pertaining to medical expenses are available up to the extent it exceeds 10% of AGI.

Deduction available = excess expenses incurred - 7.5% of AGI

                                 = ($16,000  + 4,000  + 2,500 +5,000) - 7.5%*130000

                                  = 27500 - 9.750

                                  = $17,750

Therefore, The Sammy and Monica’s medical expense deduction for regular income tax purposes is $17,750.

5 0
3 years ago
Demand pull inflation can be started by A. an increase in the price of oil B. a decrease in the quantity of money. C. an increas
devlian [24]

Answer:

Option "C" is correct.

Explanation:

An increase in government expenditure causes more money inflow on demand over supply.

6 0
3 years ago
Which of the following is a benefit of increased levels of education?
aalyn [17]
I think the answer is C
3 0
2 years ago
Other questions:
  • Paul is a very driven person who believes his effort and attitude determines everything. Paul_ 1. believes in the protestant wor
    8·1 answer
  • Which example BEST illustrates that GDP (gross domestic product) is not always a good indicator of economic health?
    5·2 answers
  • The ________ phase of the strategic marketing process usually results in a(n) ________ that sets the direction for the marketing
    7·1 answer
  • A sales associate has a house listed at $200,000. It's overpriced and he feels it has only a 70% chance of selling in the origin
    9·1 answer
  • Synthetic Fuels Corporation prepares its financial statements according to IFRS. On June 30, 2019, the company purchased equipme
    14·1 answer
  • Croissants Corporation and Donuts Company transfer their assets to Edibles Inc., which manages the assets and distributes the pr
    10·1 answer
  • Capital structures, cost of debt
    11·1 answer
  • In 2009, the imaginary nation of Mainland had a population of 7,000 and real GDP of 210,000. In 2010 the population was 7,300 an
    14·1 answer
  • Define direct advertising​
    10·1 answer
  • Why should we be careful about what we post on social media and the internet?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!